In this FIL review, I go over everything you need to know about the FIL token. Essentially, Filecoin connect data storage providers to their network and then to people who want to use that storage.
Filecoin offers low data storage fees, because storage providers compete with each other which drives down the price.
Timestamps:
00:00 Filecoin review
02:11 What is Filecoin?
04:52 Benefits of decentralized storage
06:15 How do I use Filecoin for storage?
07:13 Fraction Mining
07:46 Filecoin Tokenomics
09:49 What can you do with FIL coins?
10:59 Filecoin competitors
11:47 FIL price prediction
Nothing in this video is financial advice. Please do enough research to form your own opinion. Disclaimer: Some links may be affiliate/referral links where I would earn a commission.
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